Essentialist

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Essentialist - overview

Established

2016

Location

Palma de Mallorca, -, Spain

Primary Industry

Travel & Leisure

About

Founded in 2016 by Joan Roca and Nancy Novogrod, and based in Palma de Mallorca, Spain, The Bellhop S. L. , trading under the name Essentialist, operates as a digital travel service that offers personalized travel itineraries for travelers. In July 2024, Essentialist raised USD 10 million in series A funding led by new investor IRIS Ventures, with participation from individual investors.


Essentialist is a membership-based travel service that offers personalized and curated travel experiences. The company designs and books travel itineraries tailored to the specific interests of its members, drawing on local insights from a network of travel writers and insiders. These itineraries cover a wide range of experiences, including culture, gastronomy, wellness, and exclusive local activities, ensuring a customized travel experience.   The company intends to use the July 2024 funding to develop its brand and expand its market and product offerings.


Current Investors

IRIS Ventures

Primary Industry

Travel & Leisure

Sub Industries

Travel & Tourism, Internet, Search Engines

Website

www.essentialist.com

Verticals

Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Essentialist - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)1,423,594.9----
% Revenue Growth (YoY)-----
EBITDA (USD)(190,390.8)----
Operating Income (USD)(233,481.3)----
Operating Margin(16.4%)----
% EBITDA Margin(13.4%)----
NET Income (USD)(197,094.3)----
% Net Margin(13.8%)----
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